IBI Group Inc. (IBG:CA) Declines 6.03% for March 12

Equities Staff  |

It was a tough day for IBI Group Inc. (IBG:CA) as its stock fell 6.03% to finish the day at $7.17 a share on March 12. That reduces the company’s market cap to 223.63 million on 31.19 million outstanding shares. IBI Group Inc. is a component of the the S&P/TSX SmallCap Index.

144,608 shares exchanged hands over the course of the day as compared with an average daily volume of 28,642 over the last 30 days.

IBI Group Inc is an engineering services provider. The company plans, designs, implements, as well as offers other consulting services and software development for its Intelligence, Buildings and Infrastructure business streams.. IBI Group Inc. makes its home in Toronto, ON, and currently has CEO Scott Stewart at the helm.

The past 52 weeks have seen the stock trade in a range between a high of $9.00 and a low of $6.02, and it’s currently sporting a 50-day SMA of $8.44 and a 200-day SMA of $7.49. The current P/E ratio stands at 12.3, with a P/B ratio of 9.69.

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IBI Group Inc. ($IBG:CA) is one of the 200 Canadian small-cap stocks that make up the S&P500/TSX SmallCap Index, the widely recognized benchmark for gauging the performance of the Canadian small-cap market. Similar to the Russell 2000 in the United States, the index is market cap-weighted and consists only of smaller companies. To be a part of the index, a company must have a market capitalization between C$100 million and C$1.5 billion with an average share price of C$1 or more.

To get more information on IBI Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: IBG:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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